Cubase-Waves-Reason issue???

So I've got my Cubase SL fired up and all's well, then I fire up Reason and all is still well, then I want an EQ and I click on my Q6 EQ. That combination for some reason produced a sound which...how shall I describe it?

Imagine if all the demons from hell simultaneously, and forcefully were to enter your body through your rectum. They travel up through your body, shredding every organ unfortunate enough to be in their path, and when they reach the top, in order to inflict maximum misery, then they exit your head through your ears.

Now imagine something worse...

So I'm wondering if I should be contacting Steinberg, Waves, or Propellerhead? I'm sure they'll all just point fingers at each other, but i can't hurt to try. Funny thing is it is fine with my other wave programs, just the Q series.

Has anybody else had this issue?

Good thing this is typed, I can't hear a bloody thing. I happened to have my cans on at the time.